Philippines: Duterte sets price cap on pork, chicken

Date: 2021.02.03

President Duterte has imposed a 60-day freeze in the prices of pork and chicken in Metro Manila to check their exorbitant prices in markets, earning the ire of local producers who believe the rates are “impossible” to meet.

Executive Order No. 124, which the President signed on Monday, set price ceilings of P270 a kilo for “kasim/pigue” and P300 per kilo for “liempo,” and P160 a kilo for dressed chicken, against the current rates of P440 and P200, respectively, in public markets.

The President acted on a recommendation of Agriculture Secretary William Dar, who blamed unscrupulous traders and profiteers for the abnormal price increases. Local raisers, however, have cited a combination of factors, such as the slow recovery of food establishments from the effects of the coronavirus pandemic, the unimpeded importation of meat, and the persistence of the African swine fever (ASF).

Read more here.

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